PMI-SP Exam Questions & Answers

Once the project scope statement has been approved, the project manager and the

project team should decompose the project scope

statement into the WBS.

Answer option A is incorrect. Before the activity list may be created, the WBS is needed. The activity

list is based on the work packages

identified in the WBS.

Answer option C is incorrect. Creating the risk assessment for the project is part of project planning,

but it is not the most appropriate process

to complete at this time.

Answer option D is incorrect. Determining the project budget is the process of aggregating the

estimated costs of individual activities or work

packages to establish an authorized cost baseline. Determining the project budget is a part of project

cost management.

Contingency reserves are estimated costs to be used at the discretion of the project manager to deal with anticipated, but not certain, events. These events are 'known unknowns' and are part of the project scope and cost baselines. The contingency reserve is calculated by multiplying the probability and the impact for the risk event value for each risk event. The sum of the risk events equals the contingency reserve for the project. Note that Risk D is a positive risk amount. Answer option C is incorrect. This value is the sum of the risk events if you did not include Risk D as a positive risk value. Answer option A is incorrect. This is a sum of the risk event. Answer option B is incorrect. This is a sum of the risk events without including Risk D as a positive risk event.

Only change request is a valid answer. The five outputs of the control schedule process

are work performance measurements, organizational

process assets updates, change requests, the project management plan updates, and project

document updates.

Change requests are requests to expand or reduce the project scope, modify policies, processes,

plans, or procedures, modify costs or

budgets or revise schedules. These requests for a change can be direct or indirect, externally or

internally initiated, and legally or contractually

imposed or optional. A Project Manager needs to ensure that only formally documented requested

changes are processed and only approved

change requests are implemented.

Answer option D is incorrect. Activity resource requirement is not an output of the control schedule

process.

Answer option A is incorrect. The project schedule is not an output of the control schedule process.

Answer option B is incorrect. Lessons learned is not an output of the control schedule process.

Change requests are an output of performance report, and allow the project manager

to address corrective actions and preventive actions to

help the project get back in alignment with performance baselines.

Answer option B is incorrect. While performance reports are an output of the performance

reporting, these reports do not specifically address

the problems in the project.

Answer option A is incorrect. Updating the organizational process assets is an important activity, but

it does not address the poor

performance directly.

Answer option C is incorrect. Performance re-baselining is not an output of performance reporting

so this choice is not valid.

Work performance measurements are metrics that are defined to collect performance

and progress of the project. Typical metrics are

deliverables, schedule, and costs, though additional metrics, such as quality, can be added.

Work performance measurements are created from the work performance information. WPMs are

an output of Control schedule, Control cost,

and Control scope processes, which are monitoring and controlling processes. WPMs consist of

planned versus actual performance indicators

with respect to scope, schedule, and cost. They are documented and communicated to the

stakeholders and are used to make project activity

metrics, such as the following:

Planned vs. Actual Technical performance and Scope performance

Planned vs. Actual Schedule performance

Planned vs. Actual Cost performance

Answer option D is incorrect. The project management plan is too broad and is not the best choice.

Answer option B is incorrect. The cost management plan and the project schedule would not provide

all the information that management has

requested.

Answer option A is incorrect. The milestone list does not include performance metrics.